Tel 0300 131 7300
Islington & Shoreditch Housing Association (ISHA)
102 Blackstock Road
London N4 2DR
0300 131 7300
As an accredited Living Wage employer ISHA welcomes the increase in UK and London rates announced by the Living Wage Foundation as part of Living Wage Week (5 -11 November 2017).
In its fifth year as part of a movement of over 3,500 employers who voluntarily opt-in to paying the real Living Wage, ISHA has committed to the increase – independently calculated to meet the cost of living – which will be implemented within six months. The new London rate announced by the Living Wage Foundation will apply to all staff at ISHA over 18 and has increased to £10.20 per hour.
Stephen Stringer Chair of ISHA said “We are proud that we were the first housing association to be accredited as a London living wage employer in Islington.”
Clare Thomson Chief Executive of ISHA said: “The first year of accreditation in 2012 required us to identify contracts where potentially people were employed on less than the London Living Wage. We then put that right through a variation of the contract or through our re-procurement of services. Our cleaning staff were the people who most commonly benefitted from this review”
Katherine Chapman, Director of the Living Wage Foundation said: “Year-on-year, we see organisations and businesses across the UK embracing the real Living Wage as they recognise that a fair day’s pay is not only the right thing so to but can improve the quality of staff’s work, reduce absenteeism and increase motivation and retention. Today’s increase acknowledges that the cost of living continues to rise for workers everywhere and the leadership shown by businesses who welcome this is a cause for celebration during Living Wage Week, sending a positive message to the business community to show what others can achieve.”
As a London Living Wage employer we publish the differential between the highest and lowest earning staff members in our annual report. Our ratio is 1:5.25, which means the differential between highest and lowest paid staff is much smaller than other companies. The Greater London Authority (GLA) has set a target of 1:20 with an intention of 1:10 and Islington Council’s target is 1:12.
From 6 April 2017 employers in Great Britain with more than 250 staff are required by law to publish gender pay gap figures annually on their own website and on a government website: We employed 65 staff on the reporting date so this legislation does not affect us. However we have taken the opportunity to apply it to our workforce and publish it in our annual report. Not many companies have published their results yet. The mean (average) difference between men and women for those who have reported so far is a 10.64% difference. ISHA’s mean difference is much less at 5.12%. The chart below shows how male and female staff are distributed by pay band at ISHA.
6 November 2017